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Prices of China CFR LLDPE, HDPE are ruling weak.

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by - 5/13/2010 7738 Views

China’s polyethylene market is expecting fear of further fall in prices

According to one of the Chemical Explorer buyer, Crude oil prices were shifted lower this Wednesday resulting a fear of fall in prices in China’s polyethylene market and trying to liquidate the stocks. LDPE prices are hovering in the range of USD 1310 - 1330 per MT CFR China on spot basis in east china. However the domestic market prices are CNY 11,230 per MT Ex works after including the 17% value added tax (VAT) and 6.5% import duty. But the same imported LLDPE was currently being offered at up to CNY11,100/tonne ex-warehouse in east China, with import duties and taxes included. HDPE Cfr China prices are in the range of USD 1210 - 1230 per MT.

Category : General

Tags : General Scrap, Plastic Scrap,

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For the past three years I have been working for RecycleinME .To help our valued members of RecycleinME, I involved in researching the current market trend of various scrap materials.more info


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